- A proposed Nebraska constitutional amendment would limit property tax increases to the Consumer Price Index inflation rate
BROADCAST TRANSCRIPT:
OMAHA, Neb. (KMTV) — A proposed constitutional amendment in Nebraska could significantly change how property taxes are calculated, limiting increases to match the federal inflation rate.
Under the proposal, property taxes could only increase by an “allowable growth percentage” tied to the Consumer Price Index, which measures inflation. The current CPI rate is 2.4%…